M2 growth
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Bullish On Money Supply?
ARK Invest· 2026-05-11 20:05
Just looking back over time, when has money growth been higher than the CPI and are there sustained periods where that is so and the answer is yes and it's usually in the early stages of a recovery and then expansion. You can see here in the 80s coming out of the backtoback recessions in early 1980 uh we had money growth well above inflation. And then again you can see it before and after the tech and telecom um uh bubble and bust again there it was well above and then uh you can see it after after the 0809 ...